Offer Disclosure:
Qualifying customers will receive the bonus credit to their Simple Account by 6/15/2020 4:59 PM PT.
Accounts must be open and in good standing with a balance greater than or equal to $0.00 at the time of the bonus credit.
Maximum of one (1) $400 bonus OR one (1) $200 bonus per customer.
BBVA USA may report the value of the bonus to the IRS as required by law. Any client whose tax status would require BBVA USA to impose tax withholding of any sort will not be eligible for this bonus.
Offer may be modified or withdrawn without notice.
Balances in your Simple Account earn 0.01% APY. Also open an Individual Protected Goals Account to earn up to 0.30% APY and keep it safe from spending. Then we’ll use the combined balance between your Simple Account and Protected Goals Account to calculate your eligibility for the bonus.
The following customers and accounts are excluded from this promotion:
Customers with any Simple Account opened before 2/29/2020 4:00 PM PT do not qualify.
Balances in Shared Accounts and Shared Protected Goals Accounts are excluded from the combined balance calculation.
Simple employees are ineligible for this promotion.
The finest print: The rates are effective as of February 24, 2021, are variable and subject to change after the account is opened. Accounts subject to approval. Balances in your Simple Account earn 0.00% Annual Percentage Yield. In order to open a Protected Goals Account, you must already have a Simple Account open. For the Protected Goals Account, see the rates below.
Daily Collected Balances
This means that we use the account’s end of day balance to calculate the interest earned that day.
|
APY |
$0.01 to $1,999.99 |
0.30% |
$2,000 to $4,999.99 |
0.30% |
$5,000 to $9,999.99 |
0.30% |
$10,000 to $14,999.99 |
0.30% |
$15,000 to $19,999.99 |
0.30% |
$20,000 and above |
0.30% |